Coal India eyeing Argentina, Chile for critical minerals, says official
India, among the world’s top greenhouse gas emitters, has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile.
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MTNL account gets downgraded to an NPA by yet another bank
Collectively, banks have an exposure of ₹7,925 crore to MTNL, a figure that will require higher provisions as the company’s account slides into the NPA category.
IREDA shares important update on government stake dilution post ₹4,500 crore fund raise
On August 29, 2024, IREDA had approved a fund raising proposal of up to ₹4,500 crore through various methods like a Follow-on Public Offer (FPO) or a QIP or a preferential issue or any other preferred method in one or…
Fertiliser stocks rise as govt approves nutrient-based subsidy on fertilisers with ₹24,475-crore allocation
The rise in shares of fertiliser manufacturing companies were seen after the government approved ₹24,474.53 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season of 2024-25 to ensure supply of crop nutrients to farmers at affordable rates.
Apollo Micro Systems shortlisted by DRDO for PRACHAND order
The company has also secured a ₹5.72-crore order from Reliable Technosystems India for the supply of electronic modules. Shares of Apollo Micro Systems Ltd ended at ₹109.90, up by ₹3.05, or 2.85%, on the BSE.
Madhuri Dixit invests in Swiggy ahead of IPO, joins growing celebrity investor roster
Madhuri Dixit and Ritesh Malik together bought shares worth Rs 3 crore, which was also the minimum investment size, by putting in Rs 1.5 crore each and became equal shareholders in Swiggy.
BL Kashyap adds to order book with new ₹221-crore contract in Bengaluru
In June, BL Kashyap secured two big orders totalling roughly ₹1,021 crore. The company’s order book, excluding GST, now stands at ₹3,545 crore. Shares of BL Kashyap and Sons Ltd ended at ₹102.05, down by ₹2.15, or 2.06%, on the…
Garden Reach Shipbuilders bags $54-million German order for four more cargo vessels
Back in June 2024, Garden Reach Shipbuilders and Engineers signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co for the construction and delivery of four multi-purpose cargo vessels. Shares of Garden Reach Shipbuilders and Engineers Ltd ended at…
GE T&D India promoters to sell 11.7% stake via OFS at ₹1,400 per share
The floor price of the offer will be ₹1,400 per equity share. The OFS involves up to 11.7% of the company’s equity share capital, which amounts to 30 million shares. Each share has a face value of ₹2. Shares of…
Madhuri Dixit invests in Swiggy ahead of IPO, joins growing celebrity investor roster
Madhuri Dixit and Ritesh Malik together bought shares worth Rs 3 crore, which was also the minimum investment size, by putting in Rs 1.5 crore each and became equal shareholders in Swiggy.